The consumer confidence indicator in Belgium rose to -4 in February 2020 from -6 in the previous month, the highest since November 2018. Households were expecting their financial situation to improve (3 vs -2) and their savings prospects were estimated to be considerably brighter (6 vs 2). Also, fears of a rise in unemployment receded (6 vs 8). Meantime, consumers were more pessimistic about expected economic developments in the country (-17 vs -15). Belgium Consumer Confidence - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Consumer Confidence in Belgium averaged -7.14 Percentage Points from 1985 until 2020, reaching an all time high of 16 Percentage Points in August of 2000 and a record low of -28 Percentage Points in January of 1985. This page provides - Belgium Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Consumer Confidence in Belgium is expected to be -5.00 Percentage Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Belgium to stand at -7.00 in 12 months time. In the long-term, the Belgium Consumer Confidence is projected to trend around -5.00 Percentage Points in 2021, according to our econometric models.